{"id":4390,"date":"2026-05-06T09:00:35","date_gmt":"2026-05-06T16:00:35","guid":{"rendered":"https:\/\/xenetwork.org\/ets\/?post_type=xen_episodes&p=4390"},"modified":"2026-05-05T14:43:56","modified_gmt":"2026-05-05T21:43:56","slug":"episode-275-the-cost-of-delay","status":"publish","type":"xen_episodes","link":"https:\/\/xenetwork.org\/ets\/episodes\/episode-275-the-cost-of-delay\/","title":{"rendered":"[Episode #275] \u2013 The Cost of Delay"},"content":{"rendered":"

In mid-2026 we're experiencing the largest energy crisis the world has ever faced. The sudden and prolonged disappearance of one-fifth of the global supply of oil and LNG, set in motion by the Iran war we covered in Episode #272<\/a>, has sent import costs soaring. World leaders are now confronting the risks of fossil fuel dependence as never before.<\/p>\n

The high costs and outright physical shortages of oil and gas are driving inflation across the global economy. But that's not all. The crisis is also weakening currencies in importing economies, deepening their debt, stalling growth, and transferring wealth on an enormous scale. By 350.org<\/a>'s count, more than $150 billion has already moved from ordinary households into the balance sheets of oil and gas companies.<\/p>\n

A new report from 350.org<\/a>, Out of Pocket: How Delaying Global Fossil Fuel Phase Out is Draining Households and Economies<\/em><\/a>, puts hard numbers on the price of delaying the energy transition. In today's conversation, we welcome the lead author, Cl\u00e9mence Dubois, Global Campaign Manager at 350.org<\/a>, to share its findings. Cl\u00e9mence explains how the delay imposes opportunity costs, economic and environmental justice costs, and national security risks on importing countries. She makes the case for why this crisis, unlike the six previous oil shocks, might be the final nail in the coffin of the world's dependence on imported oil and gas. And we'll see how many countries are already switching to domestic renewables and electrification \u2014 because for them, delay is no longer an option.<\/p>\n","protected":false},"excerpt":{"rendered":"

A 350.org report adds up the cost of delaying the energy transition and the benefits of pursuing it, especially for oil and gas importing countries.<\/p>\n","protected":false},"author":4,"featured_media":0,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":{"_acf_changed":false,"footnotes":""},"categories":[111],"tags":[107,21,135,705,261,223,26,64,45],"class_list":["post-4390","xen_episodes","type-xen_episodes","status-publish","hentry","category-energy-transition-show-podcasts","tag-climate-change","tag-coal","tag-cost","tag-environmental-justice","tag-gas","tag-oil","tag-renewables","tag-solar","tag-wind","xen_guests-clemence-dubois"],"acf":[],"yoast_head":"\n[Episode #275] \u2013 The Cost of Delay | The Energy Transition Show<\/title>\n<meta name=\"description\" content=\"A 350.org report adds up the cost of delaying the energy transition and the benefits of pursuing it, especially for oil and gas importing countries.\" \/>\n<meta name=\"robots\" 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